Can I retire at age 35 with 842,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $842,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$69,532$68,912$68,308$67,718$67,142$65,255
2 years$34,422$33,781$33,159$32,557$31,973$30,085
3 years$22,720$22,076$21,456$20,859$20,285$18,457
4 years$16,870$16,228$15,615$15,028$14,467$12,713
5 years$13,361$12,723$12,118$11,543$10,998$9,321
6 years$11,023$10,389$9,793$9,231$8,702$7,106
7 years$9,353$8,725$8,138$7,589$7,077$5,560
8 years$8,101$7,479$6,902$6,367$5,871$4,433
9 years$7,128$6,512$5,944$5,423$4,944$3,584
10 years$6,350$5,740$5,182$4,675$4,213$2,928
11 years$5,714$5,110$4,562$4,068$3,623$2,412
12 years$5,184$4,586$4,049$3,568$3,140$2,000
13 years$4,736$4,145$3,618$3,150$2,738$1,667
14 years$4,353$3,767$3,250$2,797$2,400$1,396
15 years$4,021$3,442$2,935$2,494$2,113$1,173
16 years$3,730$3,158$2,661$2,233$1,868$988
17 years$3,474$2,908$2,421$2,006$1,656$834
18 years$3,247$2,687$2,210$1,808$1,472$706
19 years$3,044$2,490$2,023$1,634$1,312$598
20 years$2,862$2,314$1,857$1,480$1,172$508
21 years$2,697$2,156$1,708$1,343$1,049$432
22 years$2,547$2,012$1,574$1,221$940$367
23 years$2,411$1,882$1,453$1,112$844$313
24 years$2,286$1,763$1,344$1,014$759$266
25 years$2,171$1,655$1,245$926$683$227
26 years$2,065$1,555$1,155$847$615$194
27 years$1,967$1,464$1,072$775$554$165
28 years$1,877$1,379$997$710$500$141
29 years$1,792$1,301$928$651$452$120
30 years$1,714$1,229$864$598$408$103
31 years$1,641$1,162$806$549$369$88
32 years$1,572$1,099$752$505$334$75
33 years$1,508$1,041$702$464$302$64
34 years$1,448$986$656$427$274$55
35 years$1,391$936$613$393$248$47
36 years$1,337$888$573$362$224$40
37 years$1,287$843$537$333$203$34
38 years$1,239$802$503$307$184$29
39 years$1,194$762$471$283$167$25
40 years$1,151$725$441$261$152$21
41 years$1,111$690$414$241$138$18
42 years$1,072$657$388$223$125$16
43 years$1,035$626$364$205$113$13
44 years$1,000$597$342$190$103$11
45 years$967$569$321$175$93$10
46 years$935$543$302$162$85$8
47 years$905$518$283$150$77$7
48 years$876$495$266$138$70$6
49 years$849$473$250$128$64$5
50 years$822$451$235$118$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $842,000, adding $6,296 every year, while hoping to spend $23,799 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 39/43/18 Blend
34$842,000$842,000$842,000$842,000
35$934,378$889,752$876,701$965,576
36$1,004,363$908,028$880,749$1,006,779
37$1,080,688$926,402$884,134$1,048,553
38$1,163,976$944,853$886,811$1,093,224
39$1,254,911$963,360$888,728$1,141,067
40$1,354,245$981,898$889,834$1,192,385
41$1,462,809$1,000,442$890,073$1,247,513
42$1,581,514$1,018,963$889,390$1,306,820
43$1,711,367$1,037,430$887,723$1,370,712
44$1,853,474$1,055,811$885,009$1,439,640
45$2,009,053$1,074,071$881,182$1,514,097
46$2,179,447$1,092,171$876,172$1,594,632
47$2,366,134$1,110,071$869,907$1,681,847
48$2,570,740$1,127,725$862,309$1,776,408
49$2,795,060$1,145,087$853,300$1,879,049
50$3,041,066$1,162,106$842,796$1,990,580
51$3,310,933$1,178,728$830,708$2,111,895
52$3,607,056$1,194,894$816,945$2,243,980
53$3,932,075$1,210,543$801,411$2,387,922
54$4,288,893$1,225,606$784,006$2,544,923
55$4,680,713$1,240,014$764,623$2,716,306
56$5,111,061$1,253,689$743,153$2,903,531
57$5,583,821$1,266,552$719,480$3,108,211
58$6,103,273$1,278,515$693,485$3,332,124
59$6,674,131$1,289,486$665,040$3,577,230
60$7,301,588$1,299,367$634,015$3,845,693
61$7,991,367$1,308,053$600,272$4,139,899
62$8,749,772$1,315,433$563,666$4,462,481
63$9,583,747$1,321,388$524,048$4,816,342
64$10,500,945$1,325,792$481,259$5,204,685
65$11,509,796$1,328,510$435,136$5,631,043
66$12,619,590$1,329,402$385,507$6,099,310
67$13,840,559$1,328,314$332,194$6,613,786
68$15,183,982$1,325,087$275,008$7,179,207
69$16,662,282$1,319,550$213,754$7,800,802
70$18,289,149$1,311,522$148,229$8,484,335
71$20,079,666$1,300,811$78,219$9,236,161
72$22,050,455$1,287,213$3,502$10,063,291
73$24,219,828$1,270,513$0$10,973,456
74$26,607,964$1,250,482$0$11,989,821
75$29,237,097$1,226,877$0$13,108,814
76$32,131,729$1,199,442$0$14,340,175
77$35,318,856$1,167,905$0$15,695,384
78$38,828,224$1,131,977$0$17,187,096
79$42,692,614$1,091,355$0$18,829,260
80$46,948,145$1,045,715$0$20,637,255
81$51,634,617$994,717$0$22,628,031
82$56,795,890$938,000$0$24,820,276
83$62,480,290$875,181$0$27,234,586
84$68,741,073$805,858$0$29,893,667
85$75,636,920$729,604$0$32,822,547
86$83,232,499$645,967$0$36,048,815
87$91,599,065$554,471$0$39,602,878
88$100,815,143$454,613$0$43,518,259
89$110,967,259$345,860$0$47,831,903
90$122,150,763$227,651$0$52,584,538
91$134,470,727$99,392$0$57,821,051
92$148,042,936$0$0$63,590,922
93$162,994,981$0$0$69,967,399
94$179,467,461$0$0$77,044,278
95$197,615,315$0$0$84,841,114
96$217,609,279$0$0$93,431,285
97$239,637,498$0$0$102,895,649
98$263,907,306$0$0$113,323,311
99$290,647,179$0$0$124,812,462
100$320,108,890$0$0$137,471,306